Spot Bitcoin change traded funds (ETFs) listed within the US continued to bleed on Wednesday as market sentiment remained unfavourable. $BTC At one level it fell under $66,000.
The Spot Bitcoin ETF recorded web outflows of $133.3 million on Wednesday, bringing the weekly loss to $238 million, in line with SoSoValue knowledge. BlackRock’s iShares Bitcoin Belief (IBIT) led the outflow, with greater than $84 million leaving the fund.
Buying and selling volumes remained weak, under $3 billion, highlighting a continued lack of exercise at the same time as analysts pointed to a potential inflection level amid slowing capital outflows.
2026 US Spot Bitcoin ETF Weekly Flows. Supply: SoSoValue
If the ETF fails to get better in Thursday and Friday buying and selling, this week might mark Bitcoin’s first five-week streak of outflows ($BTC) ETFs since March final yr.
For the reason that starting of the yr, roughly $2.5 billion has been outflowed from Bitcoin ETFs, leaving them with $83.6 billion in property underneath administration.
Solana ETF will proceed to buck the pattern after launch in late 2025
However, Ether (ETH) $XRP ($XRPThe Solana (SOL) fund continued to buck the pattern, though the ETFs posted modest every day outflows of $41.8 million and $2.2 million, respectively.
The Solana ETF recorded its sixth consecutive day of inflows, bringing its year-to-date whole to about $113 million. Nevertheless, the $9 million inflows to date in February are properly under the $148 million and $105 million in January and December 2025, and buying and selling exercise stays weak in comparison with previous months.
2026 US Spot Solana ETF Weekly Flows. Supply: SoSoValue
Since its launch in October 2025, the U.S. Spot Solana ETF has amassed practically $700 million in property underneath administration and isn’t far behind. $XRP The fund has raised $1 billion since its debut in November.
The digital foreign money market stays underneath excessive worry. $BTC Down 24% for the reason that starting of the yr
Bitcoin ETFs proceed to fall because the Crypto Worry & Greed Index continues to point out persistent unfavourable sentiment.
Bitcoin has rebounded barely from its multi-month low of practically $60,000 hit in early February, however the index stays largely in “excessive worry” territory.
Cryptocurrency worry and greed index. sauce: Different.me
On the time of writing, Bitcoin was buying and selling at $67,058 on Coinbase, down about 24% for the reason that starting of the yr. Analysts at main monetary establishments, together with Customary Chartered, predict the next: $BTC It might fall to $50,000, however might get better to $100,000 within the second half of 2026.
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In keeping with crypto evaluation platform CryptoQuant, Bitcoin’s short-term Sharpe ratio has reached ranges traditionally related to the “generational purchase zone.”
“The arrows within the chart clearly present this: every excessive unfavourable quantity prior to now was adopted by a violent rally to new highs,” mentioned CryptoQuant analyst Ignacio Moreno de Vicente.
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